The price of a barrel of Azerbaijani Azeri Light crude oil rose by $6.41, or 8.47%, to $82.07 per barrel on the world market.
AI will summarize what happened, why it matters and what it means for business.
Following trading, the price of September futures for Brent crude oil stood at $78.36 per barrel.
The price of Azerbaijani oil in Turkey's Ceyhan port on FOB terms rose by $6.47, or 8.87%, to $79.41 per barrel.
Azerbaijan's state budget for this year has set the oil price at $65 per barrel.
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Azerbaijan's state budget set oil price at $65 per barrel
Azeri Light price rose by $6.41 to $82.07 per barrel
September Brent futures settled at $78.36 per barrel
Azerbaijani oil in Ceyhan (FOB) rose by $6.47 to $79.41 per barrel